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Topic: Binance Downtimes during Panic Trading will cause the next Crypto Market Crash - page 2. (Read 210 times)

sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
A temporary price crash would be really beneficial for the long-term holders.
This kinds of crash are what separates the real long-term hodlers from faux long-term hodlers. It is also beneficial for traders that are shorting the prices and those who want to get in at a lower price although the shorting is debatable, if you do it cleanly then there is no problem. If the price continues to go down, I think that I want to buy more of what I currently hodling.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Binance sure does have a significant chunk of the total pie, but it's not like they control the majority of the trading volume. Also taking into consideration that Binance handles downtime a lot better than the likes of Coinbase.

But whatever. A temporary price crash would be really beneficial for the long-term holders.
newbie
Activity: 14
Merit: 0
I am calling it today. Binance usually goes down during peak and panic trading, which makes fear and uncertainties grow bigger. Most volume is being handled by Binance world wide. We are in a sad state with all these beautiful decentralised crypto currencies, but we all went for one exchange plattform because of low fees and convenience.
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